1. Cibil Score should be 720 and above
2. Minimum 1 year vintage for business is required
3. Latest 6 months bank statement required
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Eligibility criteria
for
Business Loan
4. Savings Account/Current Account/ OD & CC can be used for generating loan offer 5. Minimum 2 business proof documents is required 6. MSME Udyam Adhar with annexure (all pages) is mandatory
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Eligibility criteria
for
Business Loan
7. No minimum requirement for turnover 8. Minimum Average Bank Balance (ABB) should be 8000/- 9. Highest loan tenure is 48 months 10. Unsecured loan enquiry in the past 3 months should be <=10
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Eligibility criteria
for
Business Loan
If Loan amount applied is >10lacs a. Ownership proof of either residence or office should be submitted. Proof can be in the name of the father/mother/spouse/children/grandparents of the applicant. b. GST registration is must. The status shall be Active & Taxpayer type shall be Regular. Loan Approved
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